Part 9/10:
While government intervention and industry resilience may provide some hope for recovery, the next few years will be critical. Experts predict a decline in automotive activity in Canada, the U.S., and Europe, which suggests that without decisive strategic actions, Canada’s automotive legacy may soon be relegated to the history books. As articulated by Vulp, this significant blow necessitates urgency in addressing the crisis, lest it become a defining moment of decline for the automotive industry in Canada.